Participated · Seed · Jul 2026

Capa builds infrastructure to simplify buying, selling, and moving crypto in Latin America by enabling instant on- and off-ramps, reducing payment and conversion friction, and connecting multiple networks and protocols. The company is operating in Mexico and the Dominican Republic and intends to expand to additional priority LATAM markets. Following its $2.5M pre-seed raise (including a $1M extension), Capa plans to optimize its infrastructure for speed and security, integrate more blockchains and tokens, and strengthen strategic partnerships. Its strategy emphasizes user experience as the key driver of mass adoption in countries with currency volatility and limited traditional financial access. The company did not disclose revenue, users, or valuation in the announcement.

Led · Equity · Apr 2026

Aave is a DeFi lending protocol operating via the Aave DAO and recently launched Aave V4, featuring a hub-and-spoke architecture to support real-world assets, fixed-rate loans and institutional credit markets. According to the report, Aave's total value locked (TVL) was $25.08 billion, with annualized fees of $549.16 million, annualized revenue of $73.4 million, $17.508 billion in outstanding borrows, a treasury balance of $83.49 million, and annual operating expenses of $18.07 million. The protocol's roadmap emphasizes expansion into real-world assets (RWA), consumer products such as Aave App, Aave Pro, Aave Card and Aave Kit, and regulatory positioning including licenses in Ireland and the U.K. Governance decisions are made by the Aave DAO, which now routes 100% of protocol and branded product revenues to the DAO treasury under the newly adopted framework. Aave's strategy is tied to the "Aave Will Win" initiative, which sets ambitious growth targets and funds Aave Labs via milestone-based grants and the recent $25 million stablecoin plus token award.

Participated · Equity · Apr 2026

DeFi United is a coordinated, multi-protocol rescue fund created by Aave service providers and other ecosystem participants to remediate losses from the KelpDAO bridge exploit that produced ungrafted rsETH on-chain. Its primary purpose is to collect and forward contributions to a designated Ethereum address (defiunited.eth) to restore rsETH coverage and reduce claim shortfalls on Aave V3. The fund assembled $160 million in commitments, including large ETH pledges and protocol asset offers, and continues to accept donations while some contributions remain subject to governance votes. Capital committed to the fund includes direct ETH gifts, staked-asset offers (stETH), and a proposed structured credit facility from Mantle. The rescue effort targets an rsETH deficit that was initially estimated between roughly 68,900 and over 100,000 ETH and responds to modeled Aave losses ranging from about $123.7 million to $230.1 million depending on loss allocation. Participants and observers have characterized DeFi United as among the largest coordinated recovery actions seen in decentralized finance.

Participated · Seed · Oct 2025

Printr is an operating omnichain launchpad that supports token launches across 69-plus chains, including Solana, Base, and BNB, and has climbed to third place among Solana-based launch platforms. The platform earns fees from every launch and distributes those fees to stakers in real SOL via its $BELIEF staking token, having paid out over 2,100 SOL to date. Printr is issuing $PRINT as its governance and utility token, distinct from $BELIEF, and has opened a public community sale to give retail users direct ownership. The project was incubated by Bybit Ventures Studio and previously raised $4.5 million in institutional funding across pre-seed and seed-extension rounds. Printr’s current positioning emphasizes regulatory engagement (KYC via Sonar) and growth of total throughput as the path to increasing fee revenue and token value.

Participated · Seed · Jul 2025

Function (formerly Ignition) is building infrastructure that turns Bitcoin from a passive store of value into a productive, composable financial asset for institutional and DeFi use. Its flagship product, FBTC, is a 1:1 Bitcoin-backed token that already holds more than $1.5 billion in total value locked and is integrated with over eight major protocols and 25 decentralized applications, including Ethereum, Arbitrum, Mantle, Aave, and Babylon. The platform emphasizes three pillars: institutional-grade trust and security, sustainable yield and liquidity, and omnichain composability. By partnering with leading market participants, Function offers corporate treasuries standardized access to Bitcoin yield strategies while preserving custody and compliance. Strategic contributors Galaxy Digital, Mantle, and Antalpha bolster liquidity rails, governance, and risk management. With the new capital, Function plans to deepen FBTC’s integration across traditional and decentralized markets and to expand its security council and liquidity infrastructure.